The Secretariat General of International Crime Police Organisation (ICPO), Interpol based in Lyon, France has issued Red Notices against seven accused absconding abroad and wanted by the National Accountability Bureau (NAB) on charges of corruption, fraud, forgery, criminal breach of trust and corrupt practices.
The absconders against whom the red notices have been issued by Interpol include, Nasir Javed Bhatti, Raja Muhammad Sadiq, Arbab Ali Khan, Muhammad Jawaid Qadir Tawakkal, Muhammad Sohail Tawakkal, Sami Muhammad Yaqoob and Faisal Yaqoob. The NAB Chairman has already issued warrants of arrest against these accused. Nasir Javed Bhatti, as a Director of Pakistan Telecom Limited was responsible for scrutiny and approval of payment bills and vouchers.
He made fake purchases and kept the money for himself. He committed the crime with the assistance and knowledge of his subordinates and also facilitated other officials in the embezzlement of funds. The accused fled the country in May 2001. Raja Muhammad Sadiq misappropriated Rs 9.937 billion and $315,542. The contents of his accounts and property were not commensurate with his known sources of income.
In 2004, Arbab Ali Khan as Chief Executive Officer of Corporate Member of Islamabad Stock Exchange cheated public at large and deprived them of Rs 44 million. Muhammad Jawaid Qadir Tawakkal as one of the directors of Tawakkal Group of Companies, obtained various financial facilities from different branches of the National Bank of Pakistan on the basis of a letter of credit issued by a foreign bank, EMTBC, on behalf of a foreign import firm.
The goods in respect of which the credit facilities were taken were not exported and the credit was not repaid. Muhammad Sohail Tawakkal also a Director of Tawakkal Group of Companies, in complicity with others, obtained by deceit and fraud Rs 652.636 million by negotiation of bills in Lahore and Karachi.
In 1994 he fraudulently tendered 13 bogus export bills at Allied Bank of Pakistan in Lahore in the name of M/s Macro Services Hong Kong, a non existent firm and caused loss of Rs 35,293,901 to the bank. Between 1993 and 1997 he fraudulently tendered 249 bogus export bills at the National Bank of Pakistan in Lahore in the name of same non existent firm M/s Macro Services Hong Kong and caused a loss of Rs 613.173 million to the bank.